3000 sqft
$1,899,900
With TM zoning (Commercial/Mixed Use), this property offers multiple cash flow options. It was torn down to the studs and completely rebuilt as a legal triplex. Each unit has a completely independent heating system withseparate forced-air furnaces and AC units for the 2-bdrm main floor and 3-bdrm upper unit. The 2-bdrm basement unit, with full-height ceiling, has in-floor, hydronic heating throughout and a dedicated air exhanger. All kitchensfeature stainless steel appliances (including dishwashers) and quartz countertops. All bathrooms have double vanities and quartz countertops. Each unit has in-suite laundry and a private outdoor space. There are 4 on-site parking spaces. Currently operating as a legal short-term rental (STR) property with a City of Ottawa "Host Permit". This use can be continued by a new owner (the property is classified as a legally non-conforming hotel, as permitted by TM zoning) or rent to long-term residential or commercial tenants at market rates. (id:43934)
Business
Business Type |
Other |
Business Sub Type |
Other |
Property Details
MLS® Number |
1380823 |
Property Type |
Business |
Neigbourhood |
Glebe |
Parking Space Total |
4 |
Building
Constructed Date |
1922 |
Size Interior |
3000 Sqft |
Land
Acreage |
No |
Size Depth |
99 Ft |
Size Frontage |
40 Ft |
Size Irregular |
40 Ft X 99 Ft |
Size Total Text |
40 Ft X 99 Ft |
Zoning Description |
Commercial/mixed Use |
https://www.realtor.ca/real-estate/26604185/276-powell-avenue-ottawa-glebe